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869 Bank St
Akron, OH 44305
Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class F
Lot Size 0.37 AC
Building Size 5,712 SF
No. Stories 2
Year Built/Renovated 1912/1995
Parking Ratio 2.1/1,000 SF
Zoning U1

ABOUT 869 BANK ST , AKRON, OH 44305

Akron University campus located one mile west of the property. Court appraisal value of $24,000; starting bid $16,000 to meet 2/3 requirement. Two buildings on one parcel, each with (4) 1-bedroom, 1-bath units, full basement. Will require complete rehab, but has great potential--beautiful woodwork, wood floors, some original windows. Projected income at $450/unit = $3,600/month. Owner pays water; tenant all other utilities.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $450.00 600 - 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
67-40202
Land Assessment
$14,788
Improvements Assessment
$39,995
Total Assessment
$54,783
  • Listing ID: 10960442

  • Date on Market: 12/14/2017

  • Last Updated:

  • Address: 869 Bank St, Akron, OH 44305

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